Showing posts with label Advertising. Show all posts
Showing posts with label Advertising. Show all posts

Friday, 14 November 2014

This Is How Automotive Advertisers Are Building Their Brands With Data Both local and relevant 



According to a recent study conducted by the Interactive Advertising Bureau (IAB), 96 percent of consumers research online before making a large purchase, especially when considering a new car. During this period, these prospective auto buyers were more likely than the general population to be influenced by digital ads, including search and pre-roll ads.
This is why automotive advertisers must position themselves to be both local and relevant, and that means targeting the right audience through digital channels including online, display, video and television using programmatic, multiscreen solutions.

Wednesday, 18 June 2014

Car Dashes May Be Next Frontier In Targeted Advertising















SAN FRANCISCO (KPIX 5) — The car may be the next frontier in delivering advertising content to consumers.
Location based ads are popping up in dashboards across the country, and location is just the beginning of the trend. Advertisers are targeting consumers by their vehicle type, the music they listen to, and anything else they may do with their dash.
“If you like the ad, you click the thumbs up and you get a reminder email sent with a coupon on your phone that you can then take into the store,” Alistair Goodman of Placecast, an ad placement company said.
Automakers like BMW, Ford, and Lincoln are rolling them out.
But, the ads are seen by some as a distraction for drivers.
“When you receive an ad, you need to sort of process that information, think about it, see if you want to take it, and then press a button to confirm it,” Ron Montoya of Edmunds.com said.
As for privacy, advertisers say the information collected is safe.
“We make very clear what data will be collected, and we don’t resell that data to any other parties,” Goodman said.
Pandora recently announced they are also sending ads to screens in cars.

Monday, 14 April 2014

Digital: Bigger than TV?

2013 Internet Ad Revenues Soar To $42.8 Billion, Hitting Landmark High & Surpassing Broadcast Television For The First Time—Marks a 17% Rise Over Record-Setting Revenues in 2012. Q4 2013 Numbers Climb to $12.1 Billion, A 17% Surge in Revenues Over Same Time in 2012

Mobile Sees Year-Over-Year Triple-Digit Growth for the Third Year in a Row
NEW YORK, NY (April 10, 2014) — U.S. interactive advertising revenues for 2013 hit an all-time high of $42.8 billion, according to the IAB Internet Advertising Revenue Report for the full-year, exceeding broadcast television advertising* revenues ($40.1 billion), for the first time ever. This momentous figure marks an increase of 17 percent from 2012’s landmark revenues of $36.6 billion. 

The report, unveiled today by the Interactive Advertising Bureau (IAB) and prepared by PwC U.S., also reveals that fourth quarter revenues for 2013 came in at $12.1 billion, an increase of 17 percent from the $10.3 billion brought in during the same quarter in 2012. In addition, this total represents an uptick of 14 percent from 2013’s third quarter revenues at $10.6 billion.
Other highlights include:
  • For the third year in a row, mobile achieved triple-digit growth year-over-year, rising to $7.1 billion during full year 2013, a 110 percent boost from the prior year total of $3.4 billion. Mobile accounted for 17 percent of 2013 revenues, whereas it was 9 percent of revenues in 2012.
  • Digital video, a component of display-related advertising, brought in $2.8 billion in full year 2013, up 19 percent over revenues of $2.3 billion in 2012. As a result, it also increased its share to become the fourth largest format, directly behind mobile.
  • Search revenues totaled $18.4 billion in 2013, up 9 percent from 2012, when search totaled $16.9 billion.
  • Display-related advertising revenues in 2013 totaled $12.8 billion or 30 percent of the year’s revenues, a rise of 7 percent over $12 billion in 2012.
  • Retail advertisers continue to represent the largest category of internet ad spending, responsible for 21 percent in 2013, followed by financial services and closely trailed by automotive which account for 13 and 12 percent of the year’s revenues respectively.
“The news that interactive has outperformed broadcast television should come as no surprise,” said Randall Rothenberg, President and CEO, IAB. “It speaks to the power that digital screens have in reaching and engaging audiences. In that same vein, the staggering growth of mobile is clearly a direct response to how smaller digital screens play an integral role in consumers' lives throughout the day, as well as their critical importance to cross-screen experiences.”

“Our survey confirms that we are fully in transition to the post-desktop era,” said David Silverman, Partner, PwC U.S. “Triple digit advertising revenue growth from mobile devices contrasted the more tepid 8 percent growth from traditional computer screens. This is simply a reflection of the change in how and where consumers are viewing their information—on the go!”
“Digital marketing generates large reach and many possibilities to create impact across consumers’ purchase consideration processes, both critically important to advertisers as they seek marketing investments that have value ” said Sherrill Mane, Senior Vice President, Research, Analytics, and Measurement, IAB.

Here are the results from the full year in comparison with last year’s numbers:
Full Year
2012
Full Year
2013
%$%$
Revenue (Ad Formats)
Search46%$16,91643%$18,365
Classifieds and Directories7%$2,4306%$2,597
Lead Generation5%$1,6894%$1,749
E-mail0%$1560%$165
Mobile9%$3,37017%$7,084
Display-related
    - Digital Video Commercials6%$2,3307%$2,784
    - Ad banners / display ads21%$7,72119%$7,943
    - Sponsorships2%$8452%$766
    - Rich media3%$1,1133%$1,328
        Total display-related33%$12,00930%$12,821
Revenue (Pricing Models)
Impression-based32%$11,70933%$14,297
Performance-based66%$24,09365%$27,788
Hybrid2%$7682%$696

IAB sponsors the IAB Internet Advertising Revenue Report, which is conducted independently by the New Media Group of PwC. The results are considered the most accurate measurement of interactive advertising revenues because the data is compiled directly from information supplied by companies selling advertisements on the internet.



The survey includes data concerning online advertising revenues from Web sites, commercial online services, free email providers, and all other companies selling online advertising. The full report is issued twice yearly for full and half-year data, and top-line quarterly estimates are issued for the first and third quarters. PwC does not audit the information and provides no opinion or other form of assurance with respect to the information.

A copy of the full report is available at: iab.net/AdRevenueReport.
*Broadcast television advertising includes national network, syndication and spot TV.

Tuesday, 18 March 2014

Ad Campaigns Are Finally Reflecting Diversity of U.S.

But Why Did It Take So Long to Recognize Socially Liberal Shift?

Tim Mahoney saw the potential for trouble.
As part of Chevrolet's "Find New Roads" campaign, the brand's chief marketing officer helped create a commercial that would break on the Sochi Olympics featuring family vignettes, including gay and interracial couples. The theme: "The new us."
Before greenlighting the spot, Mr. Mahoney reviewed the Commonwealth-created campaign with senior executives and several hundred local marketing associations. The automaker's communications teams were also prepped to respond to negative feedback. "The dealers acknowledged it might upset some people," said Mr. Mahoney. "But fundamentally they also get its about expanding the desirability of Chevrolet and bringing more people in."
Ultimately, he said, the message was to "reaffirm that Chevrolet is a new company with a new way of thinking. ... It's an acknowledgement that America has changed."
While America has grown more socially liberal, it's taken Madison Avenue some time to reflect that reality. Pop culture typically sets the boundaries of social conversation, said Jason Chambers, author of "Madison Avenue and the Color Line" and professor at the University of Illinois. Advertising has proved to be the last frontier when it comes to reflecting societal changes. "There is a natural hesitancy to speak to where [consumers] are rather than lead them where they should go, because what if they say, 'no'?" said Mr. Chambers.
According to U.S. Census data from 2010, one in 10 -- or 5.4 million -- opposite-sex couples are interracial, a 28% rise since 2000. According to the data, the number of same-sex-couple households in the U.S. was 646,000, up 9% from 2000.
That may explain why it's only within the past year that mass marketers have been embracing inclusiveness in mass-market campaigns, marked by big splashes from the likes of Coca-Cola, General Mills and Chevy on advertising's biggest stages. Coke created a gorgeous pastiche of diverse faces singing "America the Beautiful" in a host of languages. Big G reunited the mixed-race parents of Gracie, the endearing young star of its Cheerios commercial, for the Super Bowl. They join Gap Inc.'s Banana Republic, Procter & Gamble's Swiffer and Guinness, all of which have used more diverse casting in recent weeks.
Room for progress
Marketing experts say this is the moment that historians and social commentators will likely declare a tipping point for advertising enlightenment in the years to come. But, in truth, adland is late to the game, and plenty of progress is still to be made.
The country has shifted quite a bit in a more socially liberal direction, even in the past two to three years. But in some ways we're still where we were in the 1970s when we started with integrated advertising," said Mr. Chambers.
He said the Cheerios ads are reminiscent of some of the first racially integrated ads, where different races were present but didn't necessarily interact. In the first ad, he notes the couple is shown in different rooms, while in the second ad, they are standing several feet apart and only exchange a look. "You never see the parents in close proximity. They don't have that level of social intimacy."
Likewise, J.C. Penney made headlines and won over some consumers in 2012 with its unwavering support of spokeswoman Ellen DeGeneres, who is openly gay, in the face of protests from One Million Moms. But that didn't mean it showed Ms. DeGeneres kissing another woman in a national ad.
To be fair, advertisers have been dipping their toes in these waters for years. But the move has been from progressive and niche companies rather than those that target the mainstream middle. Brands from United Colors of Benetton to Expedia have widely featured interracial couples or gay couples in print, digital and outdoor ads. "Gay vague" ads were not unusual in the 1990s, for example. One that was widely discussed was Volkswagen's 1997 "Da da da" spot that showed two men in a car but wasn't explicit about their relationship.
The difference now is scale. "Big brands have woken up to the realization that at least part of the Republican Party woke up to in 2012, which is that young Americans across the board value diversity and organizations or brands that explicitly affirm their acceptance of diversity," said David Rogers, professor of digital marketing at Columbia University's business school.
Good for business?
Why has it taken so long? Once-skittish advertisers are realizing it's good for business. A scroll through Chevrolet's Facebook page, for example, reveals consumers have been jumping to the brand's defense against derogatory comments.
According to YouGov BrandIndex, perception of Chevrolet has skyrocketed with the LGBT community, as has purchase consideration. Buzz among 18- to 34-year-olds is also on the rise (though not purchase consideration). And a disproportionately high number of people viewing Chevrolet's anthem ad said they would recommend the brand, according to Advertising Benchmark Index, an ad-tracking firm.
"It's probably a good business decision, over time," said Lars Perner, University of Southern California's Marshall School of Business, noting that gay and lesbian consumers, on average, tend to have higher incomes.
Still, the overriding takeaway from these campaigns was not about the great taste of Coke or the health benefits of Cheerios. It was that Coca-Cola and the cereal brand are diverse and accepting. "People seem to have decided diversity can be used as a statement. It's an interesting shift," said Jaime Prieto, president-global brand at Ogilvy. "I would recommend [this strategy] as a way to be an authentic brand in today's environment."
These brand values are also playing out in the political arena. Late last month companies including Apple, Salesforce.com and Target publicly (and successfully) pressured Arizona Gov. Jan Brewer to veto the state's measure that would allow businesses to discriminate against gays and lesbians on religious grounds.
But while the inclusiveness showcased in recent ads may have cast a halo over certain brands, it's also been polarizing and generally didn't drive consumers to take action, said Garry Getto, president at Advertising Benchmark Index.
"Just because the majority are siding with the brand, doesn't necessarily mean they're supporting the brand with their pocketbooks," said Ted Marzilli, CEO at YouGov BrandIndex.
And for most brands that's the calculation: not what they could gain, but what they risk losing.
"There are still plenty of very, very conservative clients who wouldn't want to be out front," Mr. Prieto said.
More to come -- slowly
Even the brands being lauded for their bravery when it comes to diverse casts are hesitant to talk candidly about their approach. Several brands contacted for this article declined to make executives available for interviews, preferring to provide statements and let the ads speak for themselves. "Cheerios knows there are many kinds of families and we celebrate them all," said Doug Martin, marketing manager for Cheerios, in a statement.
Mr. Chambers paraphrased a quote from his book, noting "the businessman doesn't want to antagonize anybody, even the bigots." In other words: "I don't think anybody wants to put their foot in their mouth," he said.A Coca-Cola spokeswoman said in a statement: "We believe 'It's Beautiful' is a great example of the magic that makes our country so special, and a powerful message that spreads optimism, promotes inclusion and celebrates humanity -- values that are core to Coca-Cola."
They may not be making a lot of noise about it, but more and more marketers are seeking out diverse faces for their ads -- albeit slowly. Francene Selkirk, the casting director behind Cheerios' interracial family, said she's seen an uptick in requests for blended casts and mixed-ethnicity models. "This is what the world is like nowadays. I'm disappointed I don't see more of it in advertising," she said.
One ironic side effect of this mainstreaming of ad diversity could be a drag on multicultural agencies. This total-market approach "is a new trend that appears to be gaining in traction," said Bill Duggan, group exec VP at the Association of National Advertisers. "A big point of friction or discussion here has to do with ad agencies. More 'general-market' agencies are doing this type of work. As a result, that is a threat to the more 'traditional' multicultural agencies, although some of those agencies are doing this type of work too and viewing it as an opportunity."
Mr. Chambers, for one, is curious to see where the industry is in four to six months, as well as what marketers do as part of their "normal" marketing cadence. "We've had a couple of big-splash moments -- Super Bowl and Olympics. Any time we have things like that, marketers and advertisers are always willing to do things a little bit differently to stand out more," he said. "Let's get into a new quarter, get into new iterations of advertising from those marketers and see what we have."
Mr. Mahoney said he feels Chevrolet has "opened the door now. ... We have to continue to execute on it. New work has to follow this work. Otherwise it's like, 'Oh, they tried that.'"